Archive for: Support

1 Indicator, 1 Time frame, Lots of pips!

1 Indicator, 1 Time frame, Lots of pips!

Learn how to trade EUR/GBP & other pairs with this simple, straight forward strategy & make lots of pips! This eBook is available at Amazon.com in Kindle version & on eBay in PDF form. At only $9.99 it’s a bargin! Get your...

 

Cable Hit’s Resistance–Former Support

Cable Hit’s Resistance–Former Support

 

GBPUSD Wednesday, October 12

GBPUSD Wednesday, October 12

Cable, even though by my definition (lower highs, lower lows) is bearish on a weekly chart, is working very well off of some fibonacci numbers seen in the chart.  The bearish move, as pointed out in previous posts, stalled and has reversed...

 

AUDUSD: The Last 48, Week Ending Oct. 7

AUDUSD:  The Last 48, Week Ending Oct. 7

This will be a new weekly feature where we review the start of the trading week and share our thoughts and bias for the remaining 48 hours (approximate) of trading for the week. AUDUSD: Like the Eurodollar, the Aussie started this week falling....

 

Random Thoughts: Trading and Dealers, $Study $$

So its hit me as I’m laying in bed thinking of this whole support and resistance thing, what hits me you ask?  Its hit me that you have understand support and resistance,  (watch the way  price reacts to my lines in this...

 
 
 
 
 
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